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Saturday, November 1, 2014

It Is What It Is, a Bear Market

Beaten Down, Battered, and Bruised

The
good news is that a lower nominal dollar price for monetary metals means more
bang for the buck. Extremely depressed price levels are signals to accumulate inventory
within the buy-low/sell-high paradigm.

Better
yet, shorting the broken paper markets and then translating those profits into
physical acquisitions is another way to slay financial repression.

More than a month ago,
when silver was trading 13.6% higher than it closed out the week, we shared
three downside targets. The nearest was $16.76, and that target was realized in
mid-October accompanied by a downside momentum confirmation – suggesting lower
lows were likely.

Still
outstanding, the second $15.15 objective nearly captured on Friday, and the
last downside price target at $13.00 remains on record.

Silver
closed well off Friday’s low, and in doing so, registered a bullish momentum
divergence. We’ll see how that plays out going forward. Until then, it is what
it is, a bear market – deal with it.

Bottom
line – all that matters to our subscribers and us - is being right more often
than being wrong, and establishing prudent hedges along with winning and
profitable trades in every timeframe. This is what we’ve been accomplishing for
our members since 2005.

Do
you think that you can benefit from such guidance, yes, or yes? Whatever your
timeframe and objectives, we have prudent and effective solutions without all
the hype and bull.

Via
real-time email alerts and daily PDF reports, the Chart-Cast
Pilot conveys actual
positions taken within the portfolio, which continues to sport a phenomenal
performance record in every timeframe.

Updated
quarterly with unlimited email alerts as market conditions dictate, the Long-Term Trend Monitor provides the exact same type of service - but is dedicated
exclusively to the self-directed long-term index investors of the equity and
precious metals worlds. It too performs extremely well, and with limited
downside risks.